Mon, Dec 22, 2008 - Page 7 News List

Sarkozy likely to ink arms deal with Brazil at summit

AP , SAO PAULO, BRAZIL

French President Nicolas Sarkozy was expected to sign an arms deal during his upcoming visit to Brazil that could help this country build Latin America’s first nuclear-propelled submarine, the government’s official news agency said on Saturday.

The French president was scheduled to arrive in Rio de Janeiro today for a Brazil-EU summit.

Agencia Brasil said Sarkozy and Brazilian President Luiz Inacio Lula da Silva would sign an agreement after the summit that includes the transfer of French technology for Brazil to build four conventional submarines, as well as the hull for “Brazil’s first nuclear submarine.”

France promised earlier this year to help Brazil build the Scorpene attack submarine, a conventional diesel-powered vessel that Brazilian officials hope will help them develop Latin America’s first nuclear-propelled submarine. They said it would protect Brazil’s large offshore oil reserves and exploration platforms.

Brazil in 1979 began a formal program to develop a nuclear submarine and Lula last year announced US$540 million in new funding for the program and for uranium enrichment efforts.

The nation has five conventionally powered submarines.

Agencia Brasil said that another likely agreement calls for the construction of 50 EC 725 Cougar helicopters by Brazil’s Helibras, which is controlled by Eurocopter, a branch of the French-German defense group EADS.

The Brazilian Foreign Ministry said the two presidents would also sign agreements on sustainable development and protection of the Amazon rain forest and in education, science and nuclear energy.

The international financial crisis was expected to dominate the talks at the summit in Rio de Janeiro’s famed Copacabana Palace Hotel.

European Commission President Jose Manuel Durao Barroso told the private Agencia Estado news agency that the leaders also should discuss ways to revive the Doha Round of world trade talks.

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